1 of 6

2 of 6

3 of 6

4 of 6

5 of 6

6 of 6

•  Media
• Map
• Street View

17100 S Dixie Hwy
Hazel Crest, IL 60429

$926,500 USD

Storefront For Sale  •  9,422 SF

Property Details

• Property Type Storefront
• Total Building Size 9,422 SF
• Lot Size 0.77 AC
• Building Class B
• Year Built 2007
• Tenancy Multiple
• Zoning B-2

0 Transit Score

53 Walk Score

Highlights

High-yield shopping center offered at an 9.00% CAP rate on in-place income. 90% occupied, providing the ability to push an already above-market return

Investors can achieve a Year 2 CAP rate of 11.13% by leasing the 978 square foot vacant space at a market rent of $21/SF MG

Current ownership recently signed a lease for 2,000SF, establishing clear demand for space here

Most tenants reimburse for substantial portions of their pro rata shares of CAM, insurance, and real estate taxes, due to the leases in place

Located directly off the I-294 highway, at the signalized intersection of Dixie Hwy and 171st St | Combined traffic count of over 15,000 VPD

Well-positioned on the edge of a dense neighborhood, with over 75,000 people and an average household income of $91,000 within 3 miles

Amenities

• Pylon Sign

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hazel Crest Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	10 min	0.5 mi
Calumet Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	14 min	0.6 mi
Transit/Subway	Drive	Walk	Distance
Hazel Crest Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	10 min	0.5 mi
Calumet Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	14 min	0.6 mi
Airport	Drive	Walk	Distance
Chicago Midway International	28 min	-	18.0 mi
Chicago O'Hare International	53 min	-	39.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	51
Type:	Surface
Included in Rent:	Yes